2 ms·
What drugs are you on? If you pay a percentage of your income mandated by the government for some service then that is income tax. Insurance is a private cont
by memefrog 3y ago
What drugs are you on? If you pay a percentage of your income mandated by the government for some service then that is income tax. Insurance is a private contract with premiums based on actuarial assessment of risk. This is not some distinction I have come up with. It is what the words have always meant.
I am sorry that you have been misled to think insurance is some sort of government wealth redistribution program but that just isn't so.
- soco 3y agoThey are probably mixing up the different kinds of state-organized social support (one being the unemployment insurance) with "real" insurance business like car accidents or legal responsibility or yeah also health.